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Government Budget Balance (Local Currency) in Spain

Source: World Bank, National Statistical Office, IMF estimates. The structural budget balance refers to the general government cyclically adjusted balance adjusted for nonstructural elements beyond the economic cycle
Last Updated: March 8, 2019

Government budget balance reached -44.1 in 2023 in Spain, according to the National Statistical Office. This is 6.55% less than in the previous year.

Historically, government budget balance in Spain reached an all time high of -3.01 in 1981 and an all time low of -115 in 2009.

Spain has been ranked 54th within the group of 84 countries we follow in terms of government budget balance.

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